Parker-Hannifin (PH) Raises Quarterly Dividend 11.1% to $2.00; 0.8% Yield

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Go back to Parker-Hannifin (PH) Raises Quarterly Dividend 11.1% to $2.00; 0.8% Yield

Parker Increases Quarterly Cash Dividend 11% to $2.00 per Share

April 23, 2026 5:00 PM EDT

CLEVELAND, April 23, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a quarterly cash dividend of $2.00 per share of common stock to shareholders of record as of May 8, 2026. The dividend is payable June 5, 2026. The dividend represents an 11% increase over the previous quarterly cash dividend of $1.80 per common share and will be the 304th consecutive quarterly dividend paid by the company.

This increase in our quarterly dividend reflects the Boards confidence in our consistent cash flow generation and... More